JAKARTA (Yosefardi) – PT Astra International Tbk (ASII) plans to expand its property business, infrastructure, mining, manufacture, plantation, and heavy equipment until 2020 with investment cost of Rp20.4 trillion.
ASII booked net profit of Rp3.99 trillion in the first quarter of 2015, declined 15.5% from Rp4.73 trillion in the same period of 2014. Revenue fell 9.3% to Rp45.19 trillion from previous Rp49.82 trillion. Its assets reached Rp244 trillion while liability amounted Rp117.9 billion.
ASII allocates capital expenditure (capex) of Rp13 trillion for this year, flat from last year’s capex. It will pay final dividend of Rp6.1 trillion, or Rp152 per share, for 2014 fiscal year, representing 32% of last year’s profit (Rp19.1 trillion).